GEPF

Do I Get Money If My Husband Dies

Losing a partner or spouse is one of the most challenging experiences anyone can face be it emotionally and financially. While grieving the dead, questions about financial stability can arise, particularly regarding potential benefits or payments due after a spouse’s passing. Being conscious of the types of financial support available such as life insurance policy, survivor benefits from social security and pensions can provide some peace of mind during this challenging period.

This all-inclusive guide will explore the various financial avenues that may be accessible to widows or widowers, helping them negotiate the complexities of loss while ensuring you are aware of your rights and options.

Advantages Of GEPF

Below are some benefits enjoyed by employees under GEPF

Resignment Benefits
Retirement Benefits
Divorce Benefits
Death Benefits
Child Pension
Spouse Pension
Funeral Benefits
Unclaimed Benefits

Do I Get Money When A Spouse Dies?

Yes, if only he is a member of GEPF, these benefits consist of R15 000 for the funeral of the pensioner who has died. This amount is also payable for the funeral of a pensioner’s partner or spouse. For the funeral of an eligible child, the benefit is R6000. Wherever possible, the Government Employee Pension Fund tries to pay these benefits within 72 hours of receiving the application. The benefit is paid out as a cash lump sum and is taxable.

READ HERE: Where can I find my pension statement?

Employer Contribution

What percentage do they contribute

The employer currently contributes a t a rate of 16% of pensionable salary in respect of ”services” members and 13% in respect of ”others” members, reflecting the difference in the benefits structure of these two categories of members. All members of the fund contribute at a rate of 7.5% of pensionable salary.

To conclude

Couples who lose their spouse or life partner in the course of their journey in life are eligible for some benefits if only they are registered members of the Government Employee Pension Fund and have been paying the monthly contribution required of them, then their spouse will be qualified for the funds they have contributed during their demise.

Visit the official website HERE

Linda Nartey